The Palestinian Authority issued its first set of five-year corporate bonds on Tuesday.
The bonds, issued by the Palestinian Development and Investment Company, (PADICO) totaled $70 million, according to a report by The Associated Press. PADICO, which invests in real estate, energy, pharmaceuticals, electronics, communications and tourism, is the largest firm in the PA.
The bonds, issued by the Palestinian Development and Investment Company, (PADICO) totaled $70 million, according to a report by The Associated Press. PADICO, which invests in real estate, energy, pharmaceuticals, electronics, communications and tourism, is the largest firm in the PA.
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